Subject: File No. S7-08-08
From: Dean A. Faulkner

March 30, 2008

Long overdue

I would like to know how President Bush feels about the stealing of monies from the American public? He has championed a move from social security to personal investing, which he says will allow the hard working people of this country the ability to make higher returns than social security. What I see is that the wall street gang is able to steal more money from the public due to the lack of oversight by someone out of reach from the money mongrels running the financial systems.

All the regulation in the world will not stop this crime if there is no significant consequence for being found guilty. We are either serious about reform or not. Jail time needs to be harsh and implemented. It's long overdue